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Citadel Defense Lands New DoD Contract, Worth $5M

socalTECH

San Diego-based drone security systems developer Citadel Defense reported on Tuesday that it has snagged a new contract, from the U.S. Department of Defense, worth $5M. Other details on the contract were not announced. Other details on the contract were not announced.

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Reports: Harvest.Ai Acquired By Amazon

socalTECH

San Diego-based Harvest.ai , a developer of software that uses machine learning and artificial intelligence to prevent data loss from enterprises, has reportedly has been acquired by Amazon.com. The company was reportedly acquired for around $20M. Harvest.ai had raised only $2.3M

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Citadel Defense Reports US Government Deployments Of Drone Defense

socalTECH

San Diego-based Citadel Defense , which develops counter-drone technology to help detect and identify unauthorized drones, claims it has deployed its technology for three, undisclosed U.S. government agencies. The company said those deployments were all through a pilot program.

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Walmart: Turning San Diego Into Its Technology Center

socalTECH

However, the company's technology team, Walmart Labs (www.walmartlabs.com)--which said this month that it is planning on major growth in San Diego is responsible for the company's key supply chain technology, online e-commerce site, and much more. What exactly does Walmart Labs work on in San Diego?

San Diego 100
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Walmart: Turning San Diego Into A Key Technology Center

socalTECH

However, the company's technology team, Walmart Labs (www.walmartlabs.com)--which said this month that it is planning on major growth in San Diego is responsible for the company's key supply chain technology, online e-commerce site, and much more. What exactly does Walmart Labs work on in San Diego?

San Diego 100
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Nervana’s $400M+ Buyout Reflects Key Tech Trend in Machine Learning

Xconomy

On the day after Intel announced its acquisition of San Diego machine learning startup Nervana Systems, investor Steve Jurvetson told me he was feeling a sense of satisfaction about a call he made three years ago, and how it has been playing out.

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Lytx Wins Concrete Hauler For Driver Safety Systems

socalTECH

San Diego-based Lytx , which develops vidoe-based driver safety systems for the commercial and public sector, reported this morning that it has scored a win with concrete company Lauren Concrete. Lytx says it incorporates machine vision and artificial intelligence technology into its products for improving driver safety.